Efforts to address the sustainability crisis, especially in the U.S., have made important strides over the last twenty-five years, and continue to evolve. Yet, current sustainability discourse and practice reveal some challenges, risks and emerging needs. In particular, the modern sustainability...

Europa ist ein langfristiges Erfolgsmodell, weist aber seit der Finanzkrise ein niedriges Wachstum und eine erhöhte Arbeitslosigkeit auf. Die Einkommensdifferenzen sind zudem hoch. Europa hält sich auch nicht an seine geplante längerfristige Strategie. Die Notwendigkeit einer immer stärkeren...

Industrial policy is back on the agenda and the consensus is that it must be different "this time" from the past. We redefine industrial policy for industrialised countries as a strategy to promote "high-road competitiveness", understood as the ability of an economy to achieve "Beyond-GDP"...

This paper offers a theoretical framework to analyze the implementability and performance of water rights buy-back schemes. On prediction of the model is that the success of the buy-back mechanism crucially depends on the effectiveness of the monitoring regime. When this is limited the...

This paper compares how the pursuit of self-sufficient Lithium-ion battery production by the three main geo-economic players (China, the European Union, and the United States) is unfolding by looking at the electrification of the transport sector. The analysis of this paper uses the concept of...

At first sight the potential discrepancy between competitive behavior of market participants, trade rules and the basic notion of sustainable development may seem to be of a negligible importance. However, during the interactions of market processes with sustainability goals through various...

The paper investigates the importance of renewable energy in the energy mix of EU-27 countries, as well as their dependence on imports of gas, oil and petroleum products from the Russian Federation, considering the long-term energy security of the EU-27, as well as the objectives of the...

Planet earth is host to a dazzling variety of living organisms. This diversity of life, or – biodiversity, is vital to the survival and prosperity of humanity, supplying such vital amenities as food, clothing, shelter, natural biochemicals useful in medicine, industry, and agriculture, and...

This paper develops a model of emissions trading in which industrialized countries can exhibit a level of emissions which is more than their quota by buying emission permits from other industrialized countries (which use less than their quota) or "certified emission reductions" from developing...

This paper empirically studies how emission pricing affects capital replacement and adoption of embodied environmental technology. A pricing policy encourages firms to accelerate retirement of old capital assets and replace them with newer more efficient assets, but this may crowd out...